Cross-border e-commerce has grown so quickly that 25 percent of PayPal’s transactions are now international, with about 2,000 cross-border transactions per minute, according to the Associated Press. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Alibaba has spent more than $160 million (1 billion yuan) combating counterfeit goods and improving customer protection since the start of 2013, the company said Tuesday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
241 years ago last week, the British colonies in North America decided to spark the Revolutionary War by disrupting commerce. This was not disruption in the positive modern sense, it was old school disruption involving a lot of very expensive tea going into Boston Harbor....
Indian e-retail giant Flipkart announced yet another round of funding totaling $700 million after raising an investment of over $1.2 billion over the summer this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alibaba and SoftBank are holding joint discussions with bankers in India as they try to secure a slice of India’s consumer e-commerce market, according to India’s Economic Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Russian cyberthieves believed to be responsible for retailer payment-card breaches at Staples, Bebe Stores and 14 other chains have also stolen an estimated $25 million directly from banks’ internal payments systems, according to a report by Russian and Dutch security researchers. Get the Full...
China’s e-commerce giants have stepped up their online expansion to customers in rural areas, hoping to offset a saturated urban market, the Xinhua News Agency reported on Sunday (Dec. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K.’s Payments Council is exploring options for providing more information with business and consumer electronic payment transactions, Finextra reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
PYMNTS.com Bitcoin Price and Volatility index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
